ACTIVE

Target Engineering Recruitment

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Financial year 2025 · closed on 31/12/2025
Net result
-16,4 k €
+85.4% YoY
Gross margin
-9,6 k €
-105.5% YoY
Equity
-252,9 k €
-7.0% YoY
Workforce
0,0 ETP
-100.0% YoY

What does Target Engineering Recruitment do?

Target Engineering Recruitment is a Private limited company incorporated in 2016. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Mechelen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0650.762.211
Incorporation
24/03/2016
Legal form
Private limited company
Registered office
Generaal De Wittelaan 9 box 1B
2800 Mechelen · FlandreSee on map
Contributed capital
8 060,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.69109Legal activities69109Legal activities
Joint committees (2)
  • 100
  • 200
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin-9,6 k €175,6 k €268 k €67,4 k €168,9 k €-3,7 k €340 k €307,3 k €262,3 k €75,8 k €
EBITDA-11,8 k €-97 k €18,8 k €-99,4 k €36 k €-154,6 k €105,4 k €153,6 k €162 k €75,4 k €
Operating result-15,6 k €-101,2 k €15,1 k €-101,6 k €35 k €-156 k €100,1 k €150,1 k €159,9 k €74,2 k €
Net result-16,4 k €-112,3 k €12,8 k €-104,1 k €30,9 k €-141,4 k €68,6 k €97,9 k €95,3 k €49 k €
Balance sheet
Equity-252,9 k €-236,5 k €-124,2 k €-137 k €-32,9 k €-63,9 k €77,5 k €9 k €8,5 k €8,2 k €
Total assets17,4 k €52 k €190,3 k €193,1 k €117,6 k €102,5 k €289,3 k €191,4 k €240,9 k €153,5 k €
Cash2,2 k €14,6 k €5,4 k €4,4 k €44,7 k €78,3 k €112,5 k €123,9 k €114,6 k €68,4 k €
Debts270,3 k €288,5 k €314,5 k €330,1 k €150,6 k €166,4 k €211,2 k €180,5 k €232,4 k €145,3 k €
Other
Workforce0,0 ETP3,6 ETP3,0 ETP2,6 ETP2,6 ETP–––––
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

ElmosGroup

Director · since 15 mai 2025 · 0889.950.254

Represented by Eddy Lambaerts

Active
D.M.C.

Managing director · since 11 septembre 2020 · 0477.735.886

Represented by Liesbeth DEBRUYN

Active

Ended mandates

CONTRACT I.T.

Director · since 11 septembre 2020 · until 13 mars 2025 · 0882.481.749

Represented by Eddy LAMBAERTS

Ended
CONTRACT I.T.

Director · since 11 septembre 2020 · 0882.481.749

Represented by Eddy LAMBAERTS

Ended
D.M.C.

Director · since 11 septembre 2020 · 0477.735.886

Represented by Elisabeth DEBRUYN

Ended
FUN & TALENTS

Director · since 11 septembre 2020 · 0676.985.566

Represented by Nelly EHAB MOUSTAFA KAMEL

Ended
At this address

Other companies at this address

CompanyCBE no.
CEWE Belgium NV● Active
0415.210.280
ElmosExpert● Active
0867.104.081
Elmos & Partners● Active
0843.154.484
HAMMER DISTRIBUTION BE● Active
0808.693.552
OTRAC BELGIUM● Active
0825.966.381
STREET ONE RETAIL BELGIUM● Liquidation
0464.747.586
Target IT Recruitment● Active
0866.486.548
VEDEFAR● Active
0439.518.678
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/06/202604/07/202524/06/202426/06/202308/06/202231/08/2021
General meeting15/05/202615/05/202515/05/202415/05/202315/05/202215/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/05/202625/06/2026DutchPDF
Abridged model31/12/202415/05/202504/07/2025DutchPDF
Abridged model31/12/202315/05/202424/06/2024DutchPDF
Abridged model31/12/202215/05/202326/06/2023DutchPDF
Abridged model31/12/202115/05/202208/06/2022DutchPDF
Micro model31/12/202015/05/202131/08/2021DutchPDF
Micro model31/12/201913/03/202015/09/2020DutchPDF
Micro model31/12/201813/03/201917/06/2019DutchPDF
Micro model31/12/201713/03/201807/05/2018DutchPDF
Micro model31/12/201613/03/201713/04/2017DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

ElmosGroup

Director · since 15 mai 2025 · 0889.950.254

Represented by Eddy Lambaerts

Active
D.M.C.

Managing director · since 11 septembre 2020 · 0477.735.886

Represented by Liesbeth DEBRUYN

Active

Ended mandates

CONTRACT I.T.

Director · since 11 septembre 2020 · until 13 mars 2025 · 0882.481.749

Represented by Eddy LAMBAERTS

Ended
CONTRACT I.T.

Director · since 11 septembre 2020 · 0882.481.749

Represented by Eddy LAMBAERTS

Ended
D.M.C.

Director · since 11 septembre 2020 · 0477.735.886

Represented by Elisabeth DEBRUYN

Ended
FUN & TALENTS

Director · since 11 septembre 2020 · 0676.985.566

Represented by Nelly EHAB MOUSTAFA KAMEL

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2022
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2021
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates31/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/01/2017
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-16,4 k €↑
  2. 2024
    Annual accounts 2024-112,3 k €↓
  3. 2023
    Annual accounts 202312,8 k €↑
  4. 2023
    Name changeTarget Engineering
  5. 2022
    Annual accounts 2022-104,1 k €↓
  6. 2021
    Annual accounts 202130,9 k €↑
  7. 2021
    Name changeTarget Engineering Recruitment
  8. 2020
    Annual accounts 2020-141,4 k €↓
  9. 2019
    Annual accounts 201968,6 k €↓
  10. 2018
    Annual accounts 201897,9 k €↑
  11. 2017
    Annual accounts 201795,3 k €↑
  12. 2016
    Annual accounts 201649 k €
  13. 24/03/2016
    IncorporationPrivate limited company
  14. 2016
    Name changeTEKNIK